Greek News
China Is the World’s Manufacturing Superpower (infographic)
According to data published by the United Nations Statistics Division, China accounted for 28.7 percent of global manufacturing output in 2019. That puts the country more than...
SpaceX accepts Dogecoin as payment to launch lunar mission next year
SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin...
European Commission approves € 500m for Greek food service sector
The European Commission has given the green light for the activation of the financial support program for the Greek catering sector which will amount to € 500 million....
Which Greek company saw its profits skyrocket by 649%?
One of the few Greek companies to record impressive profits amid the Covid-19 pandemic was the Petropoulos Group, as its earnings after taxes and minority interests amounted...
2021: Year of the Cryptocurrency (infographic)
Dogecoin may have been grabbing the headlines over the past few weeks, but it’s not just been an astonishing year of growth for what started out as...
Greek state goes to markets – €14-bln offers for 5-year bond
Today, the Greek State opened the book of offers for a 5-year bond, with initial offers reaching 14 billion. According to Reuters, which cites sources of contractors,...
YouTube’s Ad Business Is Almost Matching Netflix in Revenue (infographic)
Google’s parent company Alphabet shattered its first-quarter sales record in 2021, as its advertising business continues to flourish amid the pandemic. The search giant reported revenue of...
S&P Ratings Agency upgrades Greek banks
S&P Global Rating agency upgraded the long-term creditworthiness (ICR) of Greek banks by one point yesterday, following the upgrade of the Greek economy’s debt on Friday. Specifically,...
How Productive is an Hour of Work (where is Greece)? (infographic)
Figures from the OECD reveal the countries in which the average hour of work contributes the most to GDP. As our infographic shows, no matter how hard...
The cities building the most skyscrapers (infographic)
In 2019, an impressive 126 buildings of 200 meters and higher were completed worldwide according to the Council on Tall Buildings and Urban Habitat. Asian countries were...
ELSTAT revises surplus down – Deficit at 9.7% in 2020
Despite the unprecedented global recession, the General Government deficit in 2020 was kept in the single digits. According to the Hellenic Statistical Authority, the public debt jumped...
PM Mitsotakis announces 5 tax exemptions
Prime Minister Kyriakos Mitsotakis announced five tax and insurance exemptions for employees and companies during a teleconference meeting on the restart of the Greek economy. “The government...
Netflix Subscriber Growth Slows After Pandemic Boost (infographic)
Following a record year that saw Netflix add 36 million subscribers in 2020, the world’s most popular video streaming service saw its subscriber growth slow significantly in...
The Most Innovative Companies Over Time (infographic)
Boston Consulting Group has just unveiled its annual ranking of the 50 most innovative companies in the world. The COVID-19 pandemic has without a doubt demonstrated the...
China didn’t become more Western, the West is becoming more Chinese – Analysis
Like a pistol shot in 1914 Sarajevo, Covid can be seen as a chance event ushering in the end of a tottering old world and the beginning...
Elon Musk makes more profit from bitcoin than Tesla sales
Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives, an analyst at Wedbush Securities. The company is “on...
Electric Cars Boost Metal Demand (infographic)
Electric vehicles are quickly gaining traction in automotive markets around the world, with many countries expected to have the cleaner battery fueled cars outpace their traditional fossil...
Athens accounts for almost 50% of economic activity in Greece, the second in the world, OECD reports
Athens ranks second in the world, and first in Europe in terms of cities in countries that account for the largest proportion of GDP. In many countries,...
Minimum wages globally – Where is Greece (infographic)
As the debate in the U.S rumbles on about what the minimum wage should be in light of the Covid-19 pandemic and its subsequent measures that have...
Greeks in Foreign Cockpits
Passionate about aviation? War history junkie? Proud Greek or just interested about Greeks? Well, it seems that there is something just for you! Greeks in Foreign...